Diebold Nixdorf appoints Gerrard Schmid as CEO
Mr. Schmid also will join the board of directors.
Mr. Schmid is a seasoned corporate executive with previous public-company CEO experience and a track record of delivering value in a transforming environment.
He has more than 20 years of leadership in banking, payments, and financial technology.
As CEO, Mr. Schmid led the transformation of D+H Corp., a global fintech company that was publicly traded on the Toronto Stock Exchange prior to being merged with Misys.
Prior to his time at D+H, Mr. Schmid managed a retail banking business at Lloyds TSB in the United Kingdom.
He was also executive vice president and chief operating officer for retail banking at CIBC, one of the "Big Five" Canadian banks.
Mr. Schmid earned a Bachelor of Science in Aeronautical Engineering from the University of the Witwatersrand in Johannesburg and a Master of Applied Science in Aerospace Engineering from the University of Toronto.